Totals
- Total revenue
- $1,339,620
- Total expenses
- $809,254
- Contributions and grants received
- $1,339,620
- Grants paid
- $184,432
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $1,055,094
- Total liabilities, end of year
- $153,319
- Net assets or fund balances, end of year
- $901,775
- Program services expenses (Part IX)
- $485,552
- Management and general expenses
- $98,727
- Fundraising expenses
- $224,975
- Program service expenses (Part III)
- $485,552
Program services were 60.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$48,075
-
1f · All other contributions, gifts and grants
$1,291,545
-
8a · Fundraising events: contributions included on line 1c
$48,075
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $184,432 · program services $184,432
-
7 · Other salaries and wages
total $341,979 · program services $153,891 · management and general $68,396 · fundraising $119,692
-
9 · Other employee benefits
total $25,794 · program services $11,608 · management and general $5,158 · fundraising $9,028
-
10 · Payroll taxes
total $24,062 · program services $10,828 · management and general $4,812 · fundraising $8,422
-
11e · Fees: professional fundraising services
total $1,680 · fundraising $1,680
-
11g · Fees: other
total $17,775 · program services $9,084 · management and general $8,691
-
12 · Advertising and promotion
total $17,877 · program services $9,832 · fundraising $8,045
-
13 · Office expenses
total $6,933 · management and general $6,933
-
16 · Occupancy
total $7,521 · program services $5,264 · management and general $2,257
-
17 · Travel
total $10,502 · program services $5,041 · fundraising $5,461
-
19 · Conferences, conventions and meetings
total $14,570 · program services $9,607 · fundraising $4,963
-
22 · Depreciation, depletion and amortization
total $1,387 · management and general $1,387
-
23 · Insurance
total $1,093 · management and general $1,093
-
24a · Other expenses: Program expenses
total $153,649 · program services $85,965 · fundraising $67,684
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $367,716 · end of year $387,936
-
4 · Accounts receivable
end of year $350,000
-
7 · Other notes and loans receivable
end of year $309,657
-
10a · Land, buildings and equipment: cost or other basis
$9,336
-
10b · Land, buildings and equipment: accumulated depreciation
$1,835
-
10c · Land, buildings and equipment, net
beginning of year $3,886 · end of year $7,501
-
17 · Accounts payable and accrued expenses
beginning of year $193 · end of year $3,319
-
19 · Deferred revenue
end of year $50,000
-
24 · Unsecured notes and loans payable
end of year $100,000
-
27 · Net assets without donor restrictions
beginning of year $279,963 · end of year $401,775
-
28 · Net assets with donor restrictions
beginning of year $91,446 · end of year $500,000
Mission and programs · 2022
Mission
To provide financial support for diverse social and community impact projects originated and led by Detroiters of African descent.
-
Program service includes providing financial support for underfunded businesses in the Black community. Black Leaders Detroit distributed 29 grants totaling $193,182 and 32 loans totaling $501,450. Black Leaders Detroit distributed $18,000 in gift certificates purchased from local retailers to community members. Funds were distributed to 54% of women entrepreneurs and supported 244 jobs. Black Leaders Detroit also successfully executed the Ride for Equity and Detroit Drip fundraisers.
Expenses $485,552 · Revenue $1,339,620
As filed on the 2022 return.
Listed in Part VII
-
Leslie D DandridgeLESLIE D DANDRIDGE
CEO
- Total calculated
- $115,000
- From this org
- $115,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
-
Kendrick ElkinsKENDRICK ELKINS
COO
- Total calculated
- $102,500
- From this org
- $102,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 0
-
Duante AndersonDUANTE ANDERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Dominique CampbellDOMINIQUE CAMPBELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Quan NelomsQUAN NELOMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Shannon GastonSHANNON GASTON
TREASURER
- Total calculated
- $0
- Hours/week
- 10
-
Kim UhuruKIM UHURU
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 10
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
TEAM HYPE
$5,000
Community impact project support
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 11 March 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323149349305492
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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